With the recent cooling measure on 6 Oct 2012 in Singapore, it has caused much stir in the real estate market for many Singaporeans, including foreigners. This means most have to put in more upfront cash in order to buy another property, which may amount to 60%. Imagine having to take out S$600,000 for a S$1,000,000 property.
Many investors, both Singaporeans and foreigners are flocking to nearby countries like Malaysia and Thailand to invest for just a small fraction of it. This is indeed amazing and not to mention many of the properties are more luxurious and with the Singapore government involving with many of the investments in some of the projects, it is there to stay. If you think investment overseas is risky, think about it again. Until then, stay tuned for more exciting updates… Awesome!